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March 2018

Month

Currently, the Government’s total debt per February amounts to Rp 4,034 trillion or 29.2 percent of GDP. In the State Finance Law Number 13 Year 2003 also the boundary between the Government’s secure debt has been pegged to a maximum of 60 percent of GDP. Member of the House of Representatives Commission XI MuhammadJ Romahurmuziy,...
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For years, economists have worked to develop a way of measuring general well-being and comparing it across countries. The main metric has been differences in income or gross domestic product per person. But economists have long known that GDP is an imperfect measure of well-being, counting just the value of goods and services bought and...
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Every industrial revolution – even as it brings disruptions – ultimately delivers more jobs, opportunity and progress, connecting people even more closely to the world around them. The invention of the steam engine reduced the need for raw human strength, canal systems and horses, as well as the blacksmiths who cared for them, but it...
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The International Monetary Fund (IMF) recently released Consultation Report Article IV for Indonesia 2017, or Indonesia: 2017 Article IV Consultation. This report contains the results of the IMF’s assessment of the Indonesian economy. The executive directors praised the Indonesian authorities for having managed to record good economic performance. These include stable growth of the economy,...
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Images from: freepik.com Technological advances in artificial intelligence (AI) promise to be pervasive, with impacts and ramifications in health, economics, security and governance. In combination with other emerging and converging technologies, AI has the potential to transform our society through better decision-making and improvements to the human condition. But, without adequate risk assessment and mitigation,...
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